AUSTIN, Texas, Aug. 23 /PRNewswire/ -- Paper or plastic? Now one of North
America's largest food and drug retailers may not just be referring to your
preference for paper or plastic shopping bags.
NetSpend Corporation announced today that it will sell All-Access Visa(R)
prepaid debit cards at Safeway stores nationwide. NetSpend, the nation's
leading marketer and processor of re-loadable, prepaid debit cards will sell
two different prepaid cards at Safeway stores: The All-Access Visa Prepaid
Debit Card, a general purpose re-loadable debit card, and the All-Access Visa
Gift Card, available in $25, $50 and $100 denominations.
"We're excited to offer these industry-leading financial products," said
NetSpend CEO Rick Savard. "Prepaid cards provide our customers with greater
convenience and security for their everyday shopping, gift-giving and travel
needs."
The All-Access Visa Prepaid Debit Card is available at more than 1,200
Safeway stores nationwide. For $9.95 consumers can buy a card and load funds
at their discretion. No credit check or bank account is required. This card
will also feature the first-of-its-kind All Access National Savings Program,
which allows cardholders to link their prepaid debit card to an interest-
bearing savings account. The card funds, including the savings account, are
insured by the Federal Deposit Insurance Corporation
"As a leader in the prepaid business, we're proud to join forces with one
of America's pre-eminent grocers," said Roy Sosa, NetSpend president and co-
founder. "This partnership marks an important milestone in our continuing
efforts to expand our retail presence. Additionally, this association creates
a winning proposition for our customers, as they enjoy greater value and
benefit from the best that each of us has to offer."
Consumers can use the All-Access prepaid debit products -- which are
issued by Inter National Bank in McAllen, Texas -- at millions of
entertainment and retail merchants worldwide where Visa debit cards are
accepted. Beyond their worldwide acceptance, the cards extend valuable
protections that are particularly relevant to consumers and offer protection
from fraudulent or unauthorized transactions if the cards are lost or stolen.
For more details on All-Access prepaid debit products, please visit
http://www.netspend.com or call 1-86-NETSPEND (1-866-387-7363).
About NetSpend Corporation
NetSpend Corporation is the leading provider of prepaid debit cards for
America's underserved markets. The NetSpend platform offers an end-to-end
approach that is unique in the prepaid payments industry. From customer
acquisition and risk management to card fulfillment and customer service,
NetSpend offers a vertically integrated product offering that powers the
infrastructure for prepaid payment applications. NetSpend's partnerships
include agency agreements with the leading companies serving the un-banked and
under-banked markets, as well as strategic relationships with card issuers,
EFT networks and payment card associations. For more information, visit
http://www.netspend.com .
About Inter National Bank
Although the McAllen, Texas-based bank is relatively young, having been
founded in 1985, it has staked a position as a strong leader in the banking
industry. In fact, in 2002 the American Bankers Association's ABA Banking
Journal named Inter National Bank the top performing non-Subchapter S bank in
the nation with assets between $100 million and $1 billion. For more
information, visit http://www.inbweb.com .

SOURCE NetSpend Corporation

AUSTIN, Texas, Aug. 23 /PRNewswire/ -- Paper or plastic? Now one of North
America's largest food and drug retailers may not just be referring to your
preference for paper or plastic shopping bags.
NetSpend Corporation announced today that it will sell All-Access Visa(R)
prepaid debit cards at Safeway stores nationwide. NetSpend, the nation's
leading marketer and processor of re-loadable, prepaid debit cards will sell
two different prepaid cards at Safeway stores: The All-Access Visa Prepaid
Debit Card, a general purpose re-loadable debit card, and the All-Access Visa
Gift Card, available in $25, $50 and $100 denominations.
"We're excited to offer these industry-leading financial products," said
NetSpend CEO Rick Savard. "Prepaid cards provide our customers with greater
convenience and security for their everyday shopping, gift-giving and travel
needs."
The All-Access Visa Prepaid Debit Card is available at more than 1,200
Safeway stores nationwide. For $9.95 consumers can buy a card and load funds
at their discretion. No credit check or bank account is required. This card
will also feature the first-of-its-kind All Access National Savings Program,
which allows cardholders to link their prepaid debit card to an interest-
bearing savings account. The card funds, including the savings account, are
insured by the Federal Deposit Insurance Corporation
"As a leader in the prepaid business, we're proud to join forces with one
of America's pre-eminent grocers," said Roy Sosa, NetSpend president and co-
founder. "This partnership marks an important milestone in our continuing
efforts to expand our retail presence. Additionally, this association creates
a winning proposition for our customers, as they enjoy greater value and
benefit from the best that each of us has to offer."
Consumers can use the All-Access prepaid debit products -- which are
issued by Inter National Bank in McAllen, Texas -- at millions of
entertainment and retail merchants worldwide where Visa debit cards are
accepted. Beyond their worldwide acceptance, the cards extend valuable
protections that are particularly relevant to consumers and offer protection
from fraudulent or unauthorized transactions if the cards are lost or stolen.
For more details on All-Access prepaid debit products, please visit
http://www.netspend.com or call 1-86-NETSPEND (1-866-387-7363).
About NetSpend Corporation
NetSpend Corporation is the leading provider of prepaid debit cards for
America's underserved markets. The NetSpend platform offers an end-to-end
approach that is unique in the prepaid payments industry. From customer
acquisition and risk management to card fulfillment and customer service,
NetSpend offers a vertically integrated product offering that powers the
infrastructure for prepaid payment applications. NetSpend's partnerships
include agency agreements with the leading companies serving the un-banked and
under-banked markets, as well as strategic relationships with card issuers,
EFT networks and payment card associations. For more information, visit
http://www.netspend.com .
About Inter National Bank
Although the McAllen, Texas-based bank is relatively young, having been
founded in 1985, it has staked a position as a strong leader in the banking
industry. In fact, in 2002 the American Bankers Association's ABA Banking
Journal named Inter National Bank the top performing non-Subchapter S bank in
the nation with assets between $100 million and $1 billion. For more
information, visit http://www.inbweb.com .
SOURCE NetSpend Corporation